Learn for Life Foundation

Analysis

Learn for Life Foundation is a registered charity in United States, based in Denville, NJ. It received its IRS tax-exemption ruling in January 2013, 13 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Learn for Life Foundation reported income of $201k and spending of $88k, leaving 56% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income fell from $668k to $201k (-70%), an average of -33% a year. The sharpest change came in the year to December 2023, when income rose by 145%. Over the whole period it spent 24% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Learn for Life Foundation sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 61st percentile within NJ. Charities of a similar size with the same main cause include Edify Leaders ($201k), Le Zion B Rina Inc ($201k) and Indigenous Community Development International ($201k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% of the total. At year end it held assets of $1.8m against liabilities of $0, net assets of $1.8m.